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HAM vs BCM
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03-28-2014, 02:13 PM,
(This post was last modified: 03-28-2014, 02:43 PM by crabman.)
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RE: HAM vs BCM
Hey Skook,
I finally noticed the "New Attachment" function at the bottom of the edit window... If I wasn't so lazy, I would make a proper graph with labels! But it's the combined Teranet Index for Vancouver and Victoria from Jan 1990 to Feb 2014. The left scale is the index value, all cities are set to 100 in June 2005. If you want to see the individual graphs (with years included) go to: http://housepriceindex.ca/ I agree, Alex. Mortgage debt has been rising dramatically all across Canada, and is now at record highs as a percent of income. But check out the graph below, it shows a much steeper slope in the 2002-2009 time frame. Since then, mortgage debt has been growing much slower. This would seem to agree with my original theory. It's also possible that rising prices themselves are leading to higher debt in some areas. The more a property costs, the more the typical person will have to borrow. No need to borrow a million in Omaha, you can buy a mansion there for $400k. |
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Messages In This Thread |
HAM vs BCM - by crabman - 03-27-2014, 11:20 AM
RE: HAM vs BCM - by Skook - 03-27-2014, 04:55 PM
RE: HAM vs BCM - by crabman - 03-28-2014, 02:13 PM
RE: HAM vs BCM - by Alexcanuck - 03-27-2014, 05:39 PM
RE: HAM vs BCM - by Skook - 03-27-2014, 05:54 PM
RE: HAM vs BCM - by crabman - 02-06-2015, 08:18 AM
RE: HAM vs BCM - by JimmyWW - 02-08-2015, 04:42 AM
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